Huntington Bancshares stock gains 0.92 percent as JPMorgan cuts target

Published on 10/03/2026 at 21:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan's target moved from USD 19.50 to USD 17.50 on October 2, 2026, while the rating stayed overweight. Huntington reports third-quarter results on October 22.

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Huntington Bancshares stock (ISIN US4461501045) was last at USD 15.33 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, up 0.92 percent. The immediate catalyst was a lower JPMorgan target, which keeps the bank's earnings outlook at the center of the discussion.

Target moves to USD 17.50

According to MarketBeat on October 2, 2026, JPMorgan cut its Huntington Bancshares price target from USD 19.50 to USD 17.50 and maintained an overweight rating. The USD 2.00 reduction leaves the new target USD 2.17 above the October 2 price, giving investors a concrete measure of the revised valuation view.

MarketBeat also reported an average analyst target of USD 19.69 and a Moderate Buy consensus for the bank. That average stands USD 4.36 above the latest Nasdaq price, while the JPMorgan target is lower than the broader consensus figure.

Next report arrives October 22

Huntington has scheduled its third-quarter 2026 results for before the market opens on October 22, 2026, followed by a conference call at 9:00 a.m. ET, according to the company's Huntington Bancshares release dated September 30, 2026. The event gives the market a defined checkpoint for loan growth, funding costs and management commentary.

The latest structured financial data show USD 731.0 million of consolidated net income and diluted EPS of USD 0.33 for Q2 2026. Net income was USD 527.0 million in Q1 2026, so the sequential increase was USD 204.0 million, while diluted EPS rose USD 0.08.

Stock stays below USD 19.46 high

Huntington Bancshares carried a market capitalization of USD 31.0 billion on October 2, 2026, with volume of 20,583,111 shares. Its 52-week range was USD 14.82 to USD 19.46, placing the latest price USD 4.13 below the yearly high and USD 0.51 above the yearly low.

For investors, the next earnings release matters because the stock is trading near the lower end of its yearly range while analyst targets remain above the market price. Huntington Bancshares operates as a regional bank holding company headquartered in Columbus, Ohio, with The Huntington National Bank as its principal subsidiary, according to the company's investor relations overview.

Nasdaq price snapshot

Huntington Bancshares stock was last at USD 15.33 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with a daily gain of 0.92 percent. The USD 14.82 to USD 19.46 52-week range frames the market's current assessment ahead of the October 22 earnings report.